Debt consolidation

Weight off your shoulders

Get better control over your finances, by transferring installments from NBG products in one payment.

The Weight Off Your Shoulders loan offers you the option to pay a single repayment installment on your consolidated NBG debts that is noticeably lower than the total amount you're currently paying.

You can also:

  • Select a long repayment term.
  • Get rewarded for your good loan repayment record every six months, or
  • Pay only interest during the first months  – conditions apply.

  • One lower monthly installment
  • Consolidating debts
  • Debt control
Make it yours in just a few steps

Do you want more information?

You can pay by monthly amortization installments, starting one month after the loan disbursement and payable via the borrower's designated loan-linked Deposit Account with NBG. 

If a grace period applies each month, you pay interest only until the grace period expires.
The Bank sends you a monthly notification regarding your housing loan, remaining principal, remaining installments, the interest rate on outstanding amounts, etc.  Moreover, if you're using NBG Internet Banking, you can register with i-bank statements and receive notifications via email.  
The loan is available at a floating rate, based on the 3Μ Euribor, subject to a minimum equal to the ECB's intervention rate, plus a fixed margin rate throughout the entire loan term. Please note that the floating rate fluctuates in line with any increase or decrease in the base rate, which will impact your monthly installments accordingly. The floating rate also includes the levy required under Law 128/75, currently 0.60%. 

For further details about the loan rate and expenses, click here. 
Yes, you can make an early or partial repayment at any time without any additional charge.  
You can transfer your performing NBG debts from personal loans and/or credit cards, up to €80,000 in total.

Much more than getting a personal loan

Designed to meet your needs

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Go For More rewards

For even more rewards, sign up for Go For More and gain even more points when you pay your loan installments in time.

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i-bank statements

i-bank statements

You can register for i-bank statements and get an email informing you every time a loan statement is issued.

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More digital capabilities for you

Download the NBG Mobile Banking app

The NBG Mobile app gives you a host of benefits, from bill payments and shopping to transactions and managing your housing loan. Download the app to your iPhone or Android and simplify your transactions.
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Download the NBG Mobile Banking app

Before you start

Required documentation

To get the loan you want, you need to notify us of your personal details. We will need your ID card, passport, and/or valid foreigner's residence permit, depending on your nationality.

Income verification

You get a loan with the obligation to repay it. So, we will need your latest income tax statement and documentation certifying your professional status, such as employer's certificate and/or a copy of the latest salary statement and document evidencing your VAT status. If you're a pensioner, you need to submit your latest pension payment slip.

Loan limitations

To get the loan you want, please help us evaluate your application properly. Please answer all our questions accurately and submit all the necessary documentation.

About your loan application

Your first visit

You need to visit one of our branches and submit the necessary documentation and your application to start the process.

Next steps

If your application is approved, you will visit your NBG branch to sign the contract and transfer your consolidated debt to the new loan.  

Keep in mind that transferring your debt doesn't mean that your loans and cards are repaid. After getting the Weight Off Your Shoulders loan, you need to make all outstanding  payments and settle them. If you neglect to do this, you might encounter problems with your transactions profile.

i-bank statements

Once the overdraft limit is activated, you can register for i-bank statements and get an email each time a loan statement is issued.  

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Find even more information that can help you meet your needs

Our customer service team is here for you

Our highly trained team is waiting to answer any questions you may have, in person or by phone.  
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